As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl.yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

Such popular online platforms have no doubt transformed the way in which we shop and live. Access, convenience, low prices and the availability of a large selection of products are among the many benefits these platforms deliver to consumers. But such benefits provided by centralized corporations come at a cost — increased prices, process inefficiencies and aggressive marketing using huge amounts of personal data. Read more...

Blockchain operating system and platform developer NYNJA Group, and smartphone manufacturer AMGOO, have announced a plan to distribute the NYNJA Virtual Operating System (vOS), an operating system and platform for the blockchain, by pre-installing it on AMGOO smartphones. The first global market to benefit from this operating system is Latin America.

The NYNJA vOS combines communication and commerce in a platform where security, efficiency, privacy and productivity are the focus. The NYNJA operating system has a communications layer and a secure payments layer, with a multi-currency wallet, and will be pre-installed on approximately 150,000 smartphones per month. The partnership aims to provide exceptional quality tools for communication and collaboration to give Latin Americans access to the reliability and security of blockchain-based commerce, currencies and transactions. Read more...

The Hanoi Department of Industry and Trade has prohibited organizations and individuals involved in e-commerce business in the city from using bitcoin and other cryptocurrencies. This follows a directive signed by the country’s prime minister intended to strengthen the legal framework of cryptocurrencies.

Banning Crypto Use in E-commerce

The Hanoi Department of Industry and Trade announced on Saturday that it has sent document No. 1638 / SCT-QLTM to “organizations and individuals directly or indirectly related to e-commerce business in Hanoi [to] not use bitcoin and other virtual currencies (cryptocurrencies) to settle e-commerce transactions online.” Citing that if violations are detected, “they shall be strictly dealt with according to the provisions of the law,” the regulator wrote: Read more...

SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly.

The cross-borders e-commerce payment space today is far from perfect. Firstly, transaction costs and time — especially for cross-border payments — are excessive and inefficient. Secondly, there is no fully transparent and tamper-free reputation systems to assess the trustworthiness of buyers and sellers. Card fraud, which remains as a main concern for online retailers, is costing online retail merchants billions of dollars today and is expected to rise to US$ 31.7 billion by 2020. Lastly, there is selective and deliberate exclusion from our financial systems today. This is especially prevalent and obvious in Southeast Asia (SEA): 73% of the 600 million SEA residents have no formal access to financial institutions. Read more...

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SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly. Read more...

This is a preview of PR: Rate3 Wants to Empower a Truly Global Payment and E-Commerce Network by Making It Fair, Transparent and Cheap. Click Here To Read the full post

Bringing Bitcoin acceptance to more merchants has become increasingly easier over the past 24 months. That being said, most online retailers still rely on major shopping cart solutions, such as ZenCart, which do not always offer Bitcoin integration in a convenient manner. OpenCart Online Shopping Solution users can now start accepting Bitcoin payments through a plugin provided by BitcoinPay.com.

BitcoinPay.com Integrates Bitcoin With OpenCart

European Bitcoin payment processors, such as BitcoinPay.com, are working hard to bring digital currency merchant solutions to online retailers all over the world. Even though it usually only takes a few lines of code to start accepting Bitcoin payments for an online store, plugins are always a favorable solution. Read more...

A recent partnership between SnapCard and Ifeelgoods opens up the door for a ton of major retailers to start accepting Bitcoin. Not necessarily as a payment option per sé, but they can also use Bitcoin as a form of a rewards program. A major step in the right direction for digital currency adoption, assuming some of those companies decide to look into the option. Read more...

Integrating Bitcoin into existing eCommerce solutions is becoming easier over time, as more and more open source solutions enable digital currency payments. The latest addition to that list is X-Cart, a global provider of hosted shopping cart services for eCommerce business. Accepting Bitcoin payments on your online store has never been easier.

X-Cart: Global eCommerce Solution

When you look at the options for integrating a shopping cart into your online store, the possibilities are endless. And it is a good thing to see some competition in this space, even though popular names such as ZenCart and OpenCart still have a larger market share. But X-Cart is not just any eCommerce shopping cart solution either. Read more...

CoinPayments is one of the easiest ways for any merchant to start accepting cryptocurrency payments. Not just because of the sheer volume of different coins you can accept, but also because it is very easy to integrate CoinPayments into your existing eCommerce or shopping cart software. And by the looks of things, three new coins will be added to their platform very soon!

Back when I started using CoinPayments for a different project, there were about 30 total coins being supported at that point. The usual suspects, such as Bitcoin, Litecoin and Dogecoin were present, but also some lesser known coins (at that time), such as Noblecoin, Franko and Worldcoin. Read more...

The Cleverhash team has provided us with their first weekly update in regards to what is going on behind the scenes and how far the progress has come along. Cleverhash will keep on providing weekly updates from now on, so we will definitely keep an eye out for those. Let’s start with this weeks update, shall we?

First things first, as the Cleverhash website is being made eCommerce ready. Most of you will know the ICO served as a way for people to buy the ASIC miners with cryptocurrency, but the Cleverhash team will allow for credit card payments in the future as well. Read more...